City Developments Limited (OTCMKTS:CDEVY) Short Interest Up 187.3% in October

City Developments Limited (OTCMKTS:CDEVY - Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 18,100 shares, a growth of 187.3% from the September 30th total of 6,300 shares. Based on an average daily trading volume, of 17,000 shares, the short-interest ratio is currently 1.1 days.

City Developments Stock Down 3.0 %

Shares of CDEVY traded down $0.12 during mid-day trading on Friday, hitting $4.03. 123 shares of the stock were exchanged, compared to its average volume of 21,215. The firm has a 50-day moving average of $4.07 and a two-hundred day moving average of $4.09. City Developments has a 52-week low of $3.70 and a 52-week high of $5.06.

City Developments Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 26th were given a dividend of $0.0134 per share. The ex-dividend date was Monday, August 26th.

City Developments Company Profile

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.